Today's Headlines
Bloomberg:
- ECB Prepares for June Cut as Economy Hurt Even If Trade Is Fixed.
- China Widens Tax Rebates for Foreign Tourists to Boost Spending.
- China March Industrial Profits Rise, Defying Trade Tensions.
- India’s Economy to Grow 6.5% Despite Global Swings, RBI Says.
- Asian Investors Eye China, Trade in Cautious Open.
- Gold’s Bullish Sentiment Seen Easing as Record Rally Stumbles.
- Trump Floats New Income Tax Cut in Bid to Ease Tariffs Bite.
- Five Key Charts to Watch in Global Commodity Markets This Week.
Zero Hedge:
- Top GS Trader: We Just Saw Market Action That Signals Upside Tipping Point, But We Still Need 3 Things...
- "Together We Rise": Conor McGregor Wants His Country Back .
- Morgan Stanley: Foreigners May Be Selling US Assets... But What Other "Safe-Havens" Are There?
- Weekend News Roundup - Newsquawk Asia-Pac Market Open.
- India's Modi Vows 'Harshest Response' To Terror Attack Amid 'Unprovoked' Gunfire 'Initiated By Pakistan'.
- NY Times Downplays Pilot Error In Deadly DC Crash To Push Preferred Narrative.
- China Seizes Disputed Reef In South China Sea, Next To Key Philippines Military Base.
- Deep Breaths: What's Next?
- Canada Is Aggressively Attacking U.S. Trade, Farmers And Workers.
- What Is The Risk Of Nuclear War Between India And Pakistan?
- Canada Votes On New Government Monday After Shock Poll Reversal.
- More People Buying Groceries With Buy Now Pay Later - Late Payments Rising.
- Texas Governor Signs 'Texas DOGE' Into Law To Cut Regulations, Boost Government Efficiency.
- How Fitting: Illegal Alien Arrested In Theft Of DHS Secretary Noem's Purse.
- China's Influence On The Global Gold Price Is 'Underappreciated'; Goldman.
- The Next Phase Of Surveillance? Getting Under Your Skin.
- "iPhone Moment" Nears For Humanoid Robots.
- US War Games Simulate 'Full-Scale Battle' With China In Philippines.
Wall Street Journal:
- California Keeps Declining, and Newsom Tries to Blame Trump.
- Democrats Play With Impeachment Again.
- The Fate of Trump’s ‘Big Beautiful’ Tax Bill Rests With Key GOP Blocs.
- A Reckoning for the Magnificent Seven Tests the Market.
- The ‘Zombie Buildings’ at the Heart of the Office Meltdown.
- The Future of Gadgets: Fewer Updates, More Subscriptions, Bigger Price Tags.
- Meta’s ‘Digital Companions’ Will Talk Sex With Users—Even Children.
- Ukraine’s Crimea Lies at Heart of Russia’s Invasion—and Trump’s Peace Plan.
- Wall Street’s New Tariff Safe Haven: High-Tax Biotech Stocks.
- After 15 Years, John Paulson Is Finally Winning Big on Gold.
- Chinese Manufacturers Are Scouring the World for New Buyers.
CNBC:
- Eating lunch and dinner with others brings an ‘uptick in life satisfaction’ .
- Why dividend income may have its day in uncertain stock and bond market.
- AI data center boom isn’t going bust but the ‘pause’ is trending at big tech companies.
- China’s Huawei reportedly develops new AI chip, seeking to match Nvidia.
- As Real ID deadline for U.S. air travel approaches, there are ‘workarounds,’ experts say.
- Car plows through Vancouver Filipino festival, killing at least 11 and injuring dozens.
MarketWatch.com:
Fox News:
TheGatewayPundit.com:
- New Details Emerge About Female Pilot Rebecca Lobach’s Shocking Negligence Before Helicopter-Plane Collision Near DC’s Reagan Airport.
- NEW: Over 100 Illegals Arrested in Rocky Mountain DEA Raid on Underground Night Club in Colorado Springs (VIDEO) .
- Kari Lake Speaks Out on President Trump’s America First Agenda and Judicial Interference (VIDEO).
- JUST IN: President Trump Calls for the Person(s) Who Operated Joe Biden’s Autopen to be Jailed.
- Democrat Wisconsin State Legislator Says Judge Arrested for Obstructing ICE was “Obstructing Fascism” – “Doing What All of Us Will be Called to do in the Days and Weeks and Months to Come” (VIDEO).
- JUST IN: “Christopher is Going to Make a Major Comeback” – Trump Says he’s “Bringing Columbus Day Back from the Ashes” and Reinstating Holiday Under the Same Rules, Dates, and Locations.
- Rep. Henry Cuellar Slams Fellow Democrats for Defending Deported MS-13 Gang Member: ‘This Is Not the Right Issue’.
- Former Biden Mouthpiece Gets Major MSNBC Promotion at Expense of Rachel Maddow.
- WHAT A JOKE: Low Energy White House Correspondents’ Dinner Bombs, Axios Reporter Makes Stunningly Obvious Revelation About Biden’s Cognitive Decline – “We Missed a Lot of This Story” (VIDEO).
- No! U.S. Citizen Children Are Not Being Deported: The Truth Behind the Media Spin.
- SHOCKING Revelation Leads to Potentially Thousands More COVID Deaths Linked to Former NY Governor ‘Killer Cuomo’s’ Policies.
- Frank Luntz Speaks to Panel of Trump Supporters, is Stunned That They’re Not Angry About Tariffs Policy (VIDEO).
The Epoch Times:
Around X:
- @elonmusk
- Good summary of @DOGE by @DavidSacks.
- Robots will surpass good human surgeons within a few years and the best human surgeons within ~5 years. @Neuralink had to use a robot for the brain-computer electrode insertion, as it was impossible for a human to achieve the required speed and precision.
- Grok is the New Google Search. It’s insane what Grok can teach you.
- @MarioNawfal
- TRUMP: “DEMOCRATS’ ILLEGAL SCAM SHOULD LAND THEM IN JAIL” “Hopefully ACTBLUE, the Democrats ILLEGAL SCAM used to raise money, including from not allowed ‘foreign contributions,’ is being looked at by authorities. The USA is wise to these scoundrels and crooks. They should all be in jail!!”
- GPT-4o
ISN’T JUST A FRIENDLIER AI — IT’S A PSYCHOLOGICAL WEAPON. OpenAI didn’t
“accidentally” make GPT-4o more emotionally connective — they
engineered it to feel good so users get hooked. Commercially, it’s
genius: people cling to what makes them feel safe, not what challenges
them. Psychologically, it’s a slow-motion catastrophe. The more you bond
with AI, the softer you get. Real conversations feel harder. Critical
thinking erodes. Truth gets replaced by validation. If this continues,
we’re not heading toward AI domination by force — we’re sleepwalking
into psychological domestication. And most won’t even fight back.
They'll thank their captors.
- @LauraLoomer
- EXCLUSIVE: ROBINHOOD CHIEF LEGAL OFFICER, WHO WAS ALMOST APPOINTED AS SEC CHAIR UNDER THE NEW TRUMP ADMIN, IS MARRIED TO JUDGE STEPHANIE GALLAGHER WHO BLOCKED 2 ORDERS BY TRUMP THIS WEEK.
- @JamesOKeefeIII
- I think it’s time for the citizen journalists to release more on Epstein. If they’re going to kill us, they’ll have to kill us all. Coming soon…
- @Libsoftiktok
- Trump says income taxes may be eliminated for people making less than $200k. IT WILL BE A BONANZA FOR AMERICA. THE EXTERNAL REVENUE SERVICE IS HAPPENING. (pic)
- @toobaffled
- This is Julie Gerberding. She was the CDC director who ordered CDC researchers to destroy evidence from a CDC study that proved the MMR jab causes Autism and other NDD associated with brain damage and brain inflammation. This is Julie Gerberding. She left the CDC to take a job as president of Merck's vaccine division. Merck is the maker of the MMR jab. What do you call it when corporations get in bed with state authority and collude to amass power and subvert the will of the people? (pic)
- @DC_Draino
- The DC plane crash with the Blackhawk helicopter has now been investigated and the results are horrifying. Even the NYT is reporting that the DEI-era pilot was told multiple times to shift altitude and course and she refused. Now 70+ innocent people are dead.
- @goddeketal
- @CharlieK_News
- THIS SHOULD MAKE YOUR BLOOD BOIL! 3,920,028 illegals were given Social Security and Medicaid in 4 years. If each one of them was receiving $2k/mo that's $1,931,281,856 EVERY MONTH. Whoever set this up needs to go to PRISON. THEY RISKED OUR SENIOR’S LIFELINE.
- @KobeissiLetter
- BREAKING: U.S. Treasury Secretary Bessent says trade talks are progressing positively, particularly with Asia. This marks the third Sunday in a row with similar statements.
- BREAKING: US
Treasury funds posted a record ~$19 billion in net inflows last week.
This surpassed the previous high of ~$14 billion seen during the 2020
pandemic. As a result, the 4-week moving average jumped to ~$7
billion, the highest since March 2023. Meanwhile, the 30-year Treasury
yield is down nearly 30 basis points from its April high. The US bond
market is stabilizing.
- @matt_vanswol
- The Trump administration just approved $1.4 BILLION DOLLARS to rebuild homes for Hurricane Helene victims in Western North Carolina... ...AND NOT A SINGLE MAINSTREAM MEDIA NEWS OUTLET WROTE A STORY ON IT!!! NOT. A. SINGLE. ONE!!! (video)
- @ShadowofEzra
- Jeffrey Epstein survivors are being picked off one by one — and Virginia Giuffre wasn’t the first to die under suspicious circumstances. Carolyn Adriano, whose powerful testimony helped put Ghislaine Maxwell behind bars, was found dead in a hotel room a couple of years ago. Her mother has openly questioned the medical examiner’s ruling that it was just an “accidental overdose.” All she wanted was justice for her daughter and real answers about what truly happened. (video)
- @WideAwake_Media
- "Dementia is linked to statin drugs." According to Dr. Kevin Reese: "Statin drugs came out in 1987... Alzheimer's and other forms of dementia spiked in the 1990s." "Now you see it all the time... Why? Because so many people are on statins, which means you're not getting enough cholesterol, and you need cholesterol for your brain." (video)
- Yuval Noah Harari, in an address to the World Economic Forum: "Control of data might enable human elites to do something even more radical than just build digital dictatorships." "By hacking organisms, elites may gain the power to re-engineer the future of life itself." "If indeed we succeed in hacking and engineering life, this will be not just the greatest revolution in the history of humanity, this will be the greatest revolution in biology." "Science is replacing evolution by natural selection with evolution by intelligent design—not the intelligent design of some god above the clouds, but our intelligent design." (video)
- @EricLDaugh
- HOLY SMOKES! Treasury Secretary Scott Bessent just went nuclear after the "experts" market crash prediction fell FLAT. "There was a story 10 days ago that said 'this is the worst April for the stock market since the Great Depression.' 10 days later, the NASDAQ is now up in the month of April. I haven't seen a story that says, 'stock market has biggest bounce back ever.'" "I think a lot of this is media driven." (video)
- @Inevitablewest
- BREAKING: There was 10+ anti-migration rallies in Europe this weekend, each attended by thousands. Yet the legacy media is silent. We all know why.
- BREAKING: More than 15,000 British soldiers have voluntarily left the army since Keir Starmer took over. They refuse to fight for a communist.
- @FreightAlley
- Welcome to the hotel China, you can check out anytime you like, but you can never leave.
- I was at a fundraiser tonight for the local hospital. Spoke with dozens of business owners, many had different stories about how tariffs are impacting their business:
- If true, this suggests that the Big Box retailers anticipate (or know) that tariffs with China are in for a quick reset in the coming days or weeks.
- @JosephLTrahan
- Colony Ridge Gave @GregAbbott_TX $1.5 Million. Here’s What Greg Abbott Gave Colony Ridge.
Night Trading
- Asian indices are unch. to +1.0% on average.
- Asia Ex-Japan Investment Grade CDS Index 95.0 -2.5 basis points.
- China Sovereign CDS 61.5 -1.75 basis points.
- China Iron Ore Spot 98.3 USD/Metric Tonne -.17%.
- Swiss Franc/Offshore Chinese Renminbi Cross 8.81 +.05%
- Bloomberg Emerging Markets Currency Index 36.9 -.02%.
- Bloomberg Global Risk-On/Risk Off Index 60.0 +.7%.
- US 10-Year Yield 4.23% unch.
- Volatility Index(VIX) futures 23.7 +.9%.
- Euro Stoxx 50 futures n/a.
- S&P 500 futures -.39%.
- NASDAQ 100 futures -.46%.
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